Dana Incorporated announced today that, as part of an ongoing evaluation of its operations and product portfolio, the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by
Leading light and compact equipment manufacturer the Wacker Neuson Group has sold its concrete power trowel business to the Husqvarna Group. The sale marks another step in the Wacker Neuson Group’s move to focus on core products and thus streamline
Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to divest its concrete and compaction business to Husqvarna Group’s Construction division. The business had revenues of approximately MEUR 57 (MSEK 570) in 2016. In total, approximately 200 employees
The board of directors of Atlas Copco AB has decided to divest the road construction equipment division. The reason for the planned divestment is that the division does not have the economies of scale to become number one or two
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